U.S. Climate Finance

The Global Environment Facility (GEF) is providing $10.4 million that will leverage an additional $44.5 million in co-financing for the Introduction of Energy Efficiency and Renewable Energy Measures in Design, Construction and Operation of Social Housing and Community Equipment project. The project, implemented by the Inter-American Development Bank, will establish a regulatory framework and technological guidelines for the design, construction, and operation of social housing in order to reduce energy demand and related greenhouse gas emissions from their construction. The United States contributed $60 million to the GEF for climate change programming in 2012.